Women tend to worry a lot about retirement. This is not surprising as women tend to live longer, and they typically need more health care plans compared to men. This makes it essential...
Before leaving the United States, all foreigners (except those listed below) must obtain a "Certificate of Compliance" from the United States Internal Revenue Service. This...
The Internal Revenue Code is configured to offer numerous tax reductions to individuals and businesses. Even the IRS recognizes that you have to save money to live and manage your...
The number of people that employ themselves is rising. This includes freelancers, gig workers, small business owners, and startup finders. It is not surprising that this sector is...
Posted by Elliot Kravitz, ATP on 07/16/2020
Saving for retirement is mandatory, and there are some retirement accounts in which users enjoy tax breaks for having money in their retirement account. Examples are 401(k)s, IRAs,...
Posted by Elliot Kravitz, ATP on 05/17/2020
Voice mails and robocalls are not the scammer’s only option now, they also use the texting strategy. A warning about a new scam that appears to come from Social Security through...
Posted by Elliot Kravitz, ATP on 04/27/2020
In 2015, Congress adopted a centralized audit regime for the partnership (the partnership audit rules) that assesses and collects federal taxes due to a partnership-wide audit entity....
Posted by Elliot Kravitz, ATP on 02/25/2020
What is the TCJA charge against base erosion and anti-abuse tax, and how does it work?Base-Erosion and Anti-Abuse Tax (BEAT), a new tax under the Tax Cuts and Job Acts (TCJA), limits...
Posted by Elliot Kravitz, ATP on 02/25/2020
The Railway Retirement System is a national retirement program for American railway workers. Understanding the benefits, as well as the structure of this unique system, can help you...
Posted by Elliot Kravitz, ATP on 02/15/2020